SEC investigating subprime mortgage companies (The Salt Lake Tribune) WASHINGTON - The Securities and Exchange Commission is investigating a number of companies that operate in the troubled market for subprime mortgage loans, the agency's top enforcement official said Monday.
For sale, no nibbles, what to do? If your home has stayed on the market for five months, the most-likely reason is that your asking price is too high, says the Real Estate Adviser.read more...
Far-flung exurbs hard hit by housing downturn While the housing downturn has depressed once-thriving real estate markets around the nation, far-flung suburbs of major cities have suffered the most abrupt market correction.Commentread more...
Meredith Launches Hispanic Women's Magazine A new magazine aimed at young Hispanic women readers hits newsstands Thursday.The Meredith Corp.read more...
Lenders Nationwide Adopt Automated Weapons to Obliterate Mortgage Fraud; Verification Bureau announces 700% growth on (PR Web) Mortgage lenders across the country are implementing 1003AppScan and PROVASiS, Verification Bureaus latest automated fraud prevention solutions. Requests for both tools have increased an average of 700% since December 1,
Fannie Working on Mortgage Plan (Washington Post) WASHINGTON -- Fannie Mae will allow more struggling homeowners to sell their homes for less than they owe on their mortgages as part of a plan the mortgage finance company
Despite low interest rates, the high cost of home ownership has priced many first-time buyers out of the market.
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